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Which would you rather have do your taxes and represent you in a IRS audit? A CPA Accountant or a Independent Accountant/Bookeeper? Need to settle this in an arguement with my Mother In Law. I said CPA she said she heard on TV that Independent accountant/ bookeepers are more aware of the latest tax laws. I told her she had it backwards! Who is right?
 

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I'd say.........If you want to stay on the good side of your wife and your Mother-in-law, you should let her win.

This could be a situation where even if you win, you lose. If you get my drift.

You could let her win this round and then whup her butt in hop scotch or trap shooting......lol

Hauxfan!
 

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Find an Enrolled Agent. EA's are licensed by the IRS and required to have at least 24hrs of tax training every year in order to keep their credential. CPA's aren't required to do anything tax-wise after they get their certificate. That said, I'm sure most would just to keep current training-wise but they aren't required to.
I believe there is a page on the IRS website that helps to find one in your area. Our office has gotten a few calls from there.


What is an EA?

The IRS's description.



F242
 

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Ditto to an enrolled agent. A CPA is an accountant who has passed an accounting exam in his or her state. If you check the CPA exam, you'll see it's not a tax exam. There are CPAs who specialize in taxes.

I'm not sure of your distinction between a CPA and an independent accountant. Anyone who would work on my stuff would have to be independent, whether or not they were a CPA. To me independence vs CPA is a distinction without any meaning.

Find yourself a tax specialist; whether or not he is a CPA is unimportant (it might be helpful, but isn't necessary). An enrolled agent would be my first choice. Second choice might be an attorney who is a tax specialist.

Gene Batchelar
Wheaton, IL
 
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